Sectors & Industries TechnologyCommunication Equipment
Best Communication Equipment Stocks to Buy Now (2022)
Top communication equipment stocks in 2022 ranked by overall Zen Score. See the best communication equipment stocks to buy now, according to analyst forecasts for the communication equipment industry.

Industry: Communication Equipment

Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	1d %	1w %	1m %	3m %	6m %	1y %	3y %	5y %	10y %	52-week High	52-week Low	% off 52-week High	% off 52-week Low	Beta	Volume	Vol 1d %
CLFD	CLEARFIELD INC	$118.99	-1.55%	4.49%	60.67%	128.21%	86.13%	192.72%	993.66%	930.22%	2,265.61%	$121.88	$40.50	2.37%	193.80%	1.24	253,265	-28.05%
CSCO	CISCO SYSTEMS INC	$46.77	0.39%	4.12%	9.79%	-4.55%	-13.79%	-16.90%	-0.40%	44.62%	145.90%	$64.29	$40.82	27.25%	14.58%	1.01	20,973,499	35.79%
ITRN	ITURAN LOCATION & CONTROL LTD	$26.95	0.79%	3.85%	11.78%	16.52%	19.20%	10.09%	-4.47%	-14.31%	149.08%	$29.85	$19.73	9.72%	36.59%	0.66	27,901	42.84%
ZBRA	ZEBRA TECHNOLOGIES CORP	$344.91	-1.29%	7.73%	16.59%	4.73%	-19.97%	-39.79%	69.49%	224.04%	831.94%	$615.00	$283.72	43.92%	21.57%	1.26	185,480	-26.35%
CMBM	CAMBIUM NETWORKS CORP	$20.13	-0.15%	3.76%	34.29%	49.00%	-18.80%	-46.68%	124.16%	N/A	N/A	$39.15	$12.40	48.58%	62.34%	1.08	70,000	-48.44%
AMPG	AMPLITECH GROUP INC	$2.37	-14.93%	0.21%	-9.28%	18.84%	-25.16%	-33.38%	N/A	N/A	N/A	$5.61	$1.62	57.84%	45.99%	1.05	375,439	-85.74%
WTT	WIRELESS TELECOM GROUP INC	$1.43	0.00%	-1.38%	11.72%	2.14%	-21.43%	-38.36%	-7.74%	-2.05%	13.49%	$2.68	$1.11	46.64%	28.83%	0.62	19,617	-15.34%
JNPR	JUNIPER NETWORKS INC	$29.10	0.21%	4.60%	3.30%	-3.87%	-16.26%	1.50%	21.66%	4.86%	56.54%	$38.14	$26.20	23.70%	11.07%	0.85	2,139,987	-23.83%
ERIC	ERICSSON LM TELEPHONE CO	$7.64	0.66%	2.14%	7.15%	-2.55%	-30.58%	-33.51%	-8.17%	25.25%	-21.96%	$12.78	$6.68	40.21%	14.37%	0.93	3,734,759	12.82%
AVNW	AVIAT NETWORKS INC	$33.58	0.09%	6.60%	25.35%	16.31%	12.76%	-10.19%	425.51%	313.29%	126.59%	$40.43	$23.88	16.94%	40.62%	0.87	87,393	20.04%
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$14.89	-0.20%	-4.86%	34.87%	51.94%	-1.19%	N/A	N/A	N/A	N/A	$18.00	$8.61	17.28%	72.94%	1.54	1,429,901	65.57%
AUDC	AUDIOCODES LTD	$22.67	-0.04%	5.74%	2.58%	7.54%	-20.26%	-30.33%	29.47%	242.45%	1,519.29%	$37.35	$19.62	39.30%	15.55%	0.93	44,199	3.71%
SATS	ECHOSTAR CORP	$20.91	0.10%	2.50%	11.05%	-0.43%	-21.18%	-16.92%	-45.97%	-63.98%	-26.50%	$30.90	$18.10	32.33%	15.52%	0.83	193,147	6.19%
DGII	DIGI INTERNATIONAL INC	$33.97	-1.74%	3.54%	34.22%	57.56%	66.11%	68.25%	158.52%	281.69%	229.49%	$35.71	$18.54	4.87%	83.23%	1.11	238,709	-43.52%
HPE	HEWLETT PACKARD ENTERPRISE CO	$14.95	0.61%	6.10%	13.60%	-6.39%	-15.25%	-0.33%	16.80%	-15.06%	N/A	$17.76	$12.40	15.82%	20.56%	1.11	8,315,563	5.27%
BOXL	BOXLIGHT CORP	$0.77	0.00%	16.67%	12.08%	-24.51%	-38.89%	-66.08%	-69.80%	N/A	N/A	$2.72	$0.49	71.69%	58.76%	0.71	412,610	-48.94%
MYNA	MYNARIC AG	$8.52	2.53%	3.78%	-1.55%	-10.97%	-21.11%	N/A	N/A	N/A	N/A	$22.00	$6.50	61.27%	31.08%	1.28	7,991	10.14%
NTIP	NETWORK-1 TECHNOLOGIES INC	$2.26	-1.74%	-1.31%	-3.83%	-9.60%	-19.29%	-24.67%	-13.08%	-42.78%	73.85%	$3.19	$2.25	29.15%	0.44%	0.30	21,120	104.67%
VISL	VISLINK TECHNOLOGIES INC	$0.60	-12.26%	-6.09%	1.86%	-11.75%	-42.76%	-70.54%	-87.71%	-99.50%	-100.00%	$2.56	$0.54	76.48%	11.30%	0.74	675,837	9.73%
AKTS	AKOUSTIS TECHNOLOGIES INC	$5.12	-1.54%	17.16%	41.83%	34.03%	-19.37%	-39.05%	-16.61%	-25.15%	N/A	$10.75	$3.25	52.37%	57.54%	1.32	322,428	-4.04%
OCC	OPTICAL CABLE CORP	$3.56	-1.79%	-3.00%	5.33%	-4.30%	-26.90%	-5.07%	1.42%	51.49%	-7.07%	$6.85	$3.26	47.99%	9.20%	0.42	3,324	9.85%
CIEN	CIENA CORP	$55.63	0.83%	7.52%	18.11%	8.29%	-19.80%	-0.64%	35.45%	130.64%	222.68%	$78.28	$41.63	28.93%	33.63%	1.05	1,002,807	-3.30%
MSI	MOTOROLA SOLUTIONS INC	$256.59	0.48%	2.94%	21.10%	22.48%	16.10%	9.23%	48.04%	190.95%	432.68%	$273.65	$195.18	6.23%	31.47%	0.94	397,967	-15.46%
PCTI	PC TEL INC	$5.01	1.42%	10.84%	20.72%	20.43%	-1.76%	-22.33%	-12.11%	-20.35%	-18.40%	$6.80	$3.90	26.32%	28.46%	0.65	53,034	3.29%
NOK	NOKIA CORP	$5.17	1.17%	1.77%	13.13%	5.94%	-11.47%	-14.83%	0.00%	-18.71%	95.83%	$6.40	$4.37	19.17%	18.31%	0.88	21,867,530	-1.80%
AIRG	AIRGAIN INC	$8.34	-2.00%	4.25%	0.97%	-19.42%	-13.75%	-37.81%	-29.32%	-14.98%	N/A	$14.64	$6.79	43.03%	22.83%	1.00	19,038	69.30%
ONDS	ONDAS HOLDINGS INC	$5.22	0.97%	9.66%	13.97%	-22.09%	-0.95%	-20.79%	-72.98%	N/A	N/A	$11.74	$3.92	55.54%	33.16%	0.43	255,543	7.66%
MAXR	MAXAR TECHNOLOGIES INC	$27.25	-2.29%	-4.59%	11.27%	-6.23%	-4.52%	-7.47%	331.17%	N/A	N/A	$40.48	$22.92	32.68%	18.89%	1.45	543,904	5.57%
ADTN	ADTRAN HOLDINGS INC	$24.83	-0.64%	5.21%	16.03%	43.78%	17.18%	4.33%	130.98%	13.64%	9.77%	$25.29	$16.30	1.82%	52.33%	1.00	498,200	-9.20%
MINM	MINIM INC	$0.40	-2.68%	6.67%	7.82%	-26.20%	-71.43%	-83.12%	-56.52%	-80.00%	263.64%	$2.53	$0.34	84.19%	17.30%	0.86	38,782	11.32%
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$2.51	-1.41%	3.03%	13.76%	14.59%	-0.04%	-37.62%	-10.21%	29.59%	25.70%	$4.50	$1.82	44.13%	38.13%	0.55	2,869	-38.79%
POLY	PLANTRONICS INC	$39.87	0.13%	0.18%	0.08%	1.42%	33.75%	37.29%	45.72%	-6.95%	9.35%	$40.82	$22.69	2.33%	75.72%	1.16	324,437	77.07%
PWFL	POWERFLEET INC	$3.30	-3.51%	11.49%	38.66%	48.65%	-11.53%	-51.68%	-40.75%	-51.97%	-27.95%	$7.29	$2.06	54.73%	60.19%	0.87	33,399	-61.84%
LITE	LUMENTUM HOLDINGS INC	$89.60	-6.85%	0.46%	10.62%	2.78%	-11.79%	14.31%	52.87%	69.06%	N/A	$108.90	$73.97	17.72%	21.13%	1.27	2,833,609	121.32%
HLIT	HARMONIC INC	$11.38	-0.70%	4.31%	22.50%	27.15%	19.79%	19.29%	70.87%	225.14%	154.02%	$12.22	$8.25	6.87%	37.94%	0.97	484,153	-13.55%
EXTR	EXTREME NETWORKS INC	$13.63	-2.78%	3.26%	31.18%	43.02%	8.00%	26.79%	84.69%	30.43%	315.55%	$16.61	$8.49	17.92%	60.54%	1.60	1,528,290	36.26%
SYTA	SIYATA MOBILE INC	$0.82	1.60%	5.78%	-14.36%	-21.62%	-33.63%	-85.49%	N/A	N/A	N/A	$9.68	$0.70	91.50%	17.57%	0.79	136,662	37.67%
PEGY	PINEAPPLE ENERGY INC	$3.73	-7.67%	4.78%	60.09%	52.87%	-61.94%	-86.62%	-78.81%	-75.33%	-91.57%	$42.36	$2.09	91.19%	78.47%	0.65	216,755	-22.76%
SWIR	SIERRA WIRELESS INC	$30.68	-0.23%	-0.03%	19.05%	47.36%	99.22%	89.50%	182.24%	36.05%	229.18%	$30.80	$13.44	0.39%	128.27%	0.96	832,011	-18.10%
UI	UBIQUITI INC	$323.03	0.10%	3.67%	27.01%	34.69%	30.10%	5.06%	192.63%	387.37%	3,825.03%	$344.77	$218.15	6.31%	48.08%	1.11	32,088	8.27%
FKWL	FRANKLIN WIRELESS CORP	$2.95	0.34%	1.03%	-3.91%	-12.72%	-26.07%	-63.63%	13.46%	22.92%	73.53%	$9.19	$2.90	67.90%	1.72%	0.18	27,512	542.65%
ALLT	ALLOT LTD	$4.66	-12.73%	-14.02%	-6.80%	-12.57%	-42.33%	-71.18%	-34.83%	-4.90%	-82.90%	$16.83	$4.40	72.31%	5.91%	1.01	526,025	503.56%
MITQ	MOVING IMAGE TECHNOLOGIES INC	$1.40	3.70%	21.74%	21.74%	34.62%	-18.13%	-58.33%	N/A	N/A	N/A	$3.87	$0.82	63.82%	70.73%	1.03	168,463	62.93%
INFN	INFINERA CORP	$5.79	2.84%	11.99%	1.94%	0.70%	-31.80%	-32.75%	21.64%	-32.28%	-1.19%	$9.86	$4.67	41.28%	23.98%	1.08	1,874,160	-66.20%
VIAV	VIAVI SOLUTIONS INC	$15.59	-1.27%	5.69%	13.88%	9.56%	-7.70%	-4.53%	13.22%	47.21%	31.67%	$18.14	$12.65	14.06%	23.24%	1.04	2,494,640	41.49%
DZSI	DZS INC	$13.74	-1.86%	4.49%	-19.18%	-1.01%	-12.93%	-0.79%	17.34%	101.17%	342.51%	$19.95	$10.77	31.13%	27.58%	1.26	94,972	-20.52%
UTSI	UTSTARCOM HOLDINGS CORP	$3.70	3.44%	-0.54%	8.19%	40.15%	9.47%	-26.00%	-66.96%	-55.74%	-70.91%	$5.40	$2.44	31.48%	51.64%	0.26	1,973	-6.71%
ITI	ITERIS INC	$3.35	0.90%	16.32%	23.62%	35.63%	-4.56%	-44.44%	-33.27%	-44.35%	123.33%	$5.88	$2.40	43.03%	39.58%	1.18	79,634	5.98%
PI	IMPINJ INC	$96.56	-0.68%	5.41%	43.35%	109.19%	37.08%	95.74%	160.97%	200.44%	N/A	$99.00	$39.74	2.46%	142.98%	1.52	180,441	-48.86%
LTRX	LANTRONIX INC	$7.50	-1.32%	6.08%	53.37%	31.12%	8.38%	57.56%	119.30%	260.58%	275.00%	$10.25	$4.58	26.83%	63.76%	0.99	114,075	4.16%
KVHI	KVH INDUSTRIES INC	$9.56	1.81%	17.73%	15.74%	25.79%	7.66%	-8.60%	7.78%	-16.14%	-28.76%	$11.99	$6.89	20.27%	38.75%	0.96	102,617	-3.69%
TESS	TESSCO TECHNOLOGIES INC	$5.37	-1.47%	-3.42%	-6.61%	-7.73%	-5.46%	-7.73%	-61.70%	-59.16%	-72.33%	$8.32	$5.08	35.46%	5.71%	0.64	10,165	-20.52%
SONM	SONIM TECHNOLOGIES INC	$0.85	-4.06%	22.30%	32.81%	53.99%	30.77%	-79.19%	-98.93%	N/A	N/A	$7.35	$0.48	88.43%	78.95%	1.43	348,639	-43.01%
SILC	SILICOM LTD	$43.74	-1.24%	4.62%	25.69%	26.42%	1.18%	0.51%	43.41%	-16.81%	202.70%	$52.75	$31.30	17.08%	39.74%	0.60	11,249	5.55%
GILT	GILAT SATELLITE NETWORKS LTD	$7.21	-0.83%	4.34%	15.36%	5.72%	-20.33%	-28.83%	-8.76%	31.81%	140.33%	$10.58	$5.62	31.85%	28.29%	0.91	127,357	-31.98%
BKTI	BK TECHNOLOGIES CORP	$2.40	-2.04%	-6.25%	-4.34%	-1.23%	-5.51%	-24.53%	-39.24%	-30.43%	30.43%	$3.31	$1.59	27.49%	50.94%	0.50	4,084	0.84%
VSAT	VIASAT INC	$40.57	0.67%	8.77%	53.44%	6.71%	-9.10%	-24.72%	-47.31%	-34.19%	5.27%	$68.76	$25.38	41.00%	59.85%	1.10	313,695	8.42%
KN	KNOWLES CORP	$16.91	0.48%	6.76%	-5.11%	-10.15%	-23.31%	-15.11%	-15.41%	15.11%	N/A	$23.81	$15.41	28.98%	9.77%	0.94	1,059,209	100.90%
NTGR	NETGEAR INC	$25.84	0.62%	3.94%	38.33%	29.33%	-5.21%	-25.87%	-22.36%	-43.46%	-32.97%	$35.99	$17.40	28.20%	48.51%	0.90	189,644	58.18%
CLRO	CLEARONE INC	$0.70	0.00%	1.45%	7.86%	21.32%	-28.93%	-72.66%	-68.61%	-90.97%	-81.63%	$3.28	$0.47	78.66%	50.21%	0.32	46,668	129.70%
COMM	COMMSCOPE HOLDING COMPANY INC	$10.75	-0.56%	16.34%	67.45%	53.35%	13.64%	-26.92%	-0.74%	-67.28%	N/A	$16.20	$5.56	33.62%	93.35%	1.37	3,001,421	33.52%
CMTL	COMTECH TELECOMMUNICATIONS CORP	$12.74	-2.15%	16.35%	36.84%	7.60%	-39.91%	-50.14%	-53.66%	-33.30%	-55.13%	$27.70	$8.42	54.01%	51.31%	1.11	153,989	-60.38%
CAMP	CALAMP CORP	$6.25	7.76%	26.77%	45.69%	12.82%	-5.87%	-46.21%	-36.61%	-66.07%	-11.85%	$11.78	$3.90	46.94%	60.26%	1.31	1,119,111	86.41%
CASA	CASA SYSTEMS INC	$4.30	-0.46%	-1.15%	8.04%	5.13%	-1.15%	-37.13%	-32.50%	N/A	N/A	$7.54	$3.39	42.93%	26.84%	1.30	244,440	-5.43%
CRNT	CERAGON NETWORKS LTD	$2.50	-2.34%	-5.30%	-7.06%	47.93%	20.77%	-36.87%	3.73%	19.05%	-65.94%	$4.12	$1.53	39.32%	63.40%	1.06	419,045	-17.61%
ASNS	ACTELIS NETWORKS INC	$1.39	1.46%	0.00%	8.59%	-28.72%	N/A	N/A	N/A	N/A	N/A	$3.94	$1.20	64.72%	15.83%	0.52	38,612	-38.77%
FEIM	FREQUENCY ELECTRONICS INC	$6.50	0.00%	0.00%	6.56%	-9.72%	-28.26%	-33.64%	-42.98%	-21.61%	-25.12%	$11.33	$5.90	42.63%	10.17%	0.40	22,010	2,367.49%
INSG	INSEEGO CORP	$3.03	-3.81%	7.45%	52.26%	32.31%	-38.79%	-62.87%	-25.00%	168.14%	42.25%	$8.73	$1.74	65.29%	74.14%	1.31	664,417	-34.46%
TSAT	TELESAT CORP	$12.92	-3.29%	7.31%	3.36%	-3.15%	-43.65%	N/A	N/A	N/A	N/A	$48.35	$10.33	73.28%	25.07%	1.24	23,986	-45.85%

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Aug 2022?

According to Zen Score, the 3 best communication equipment stocks to buy right now are:

1. Clearfield (NASDAQ:CLFD)

Clearfield (NASDAQ:CLFD) is the top communication equipment stock with a Zen Score of 64, which is 31 points higher than the communication equipment industry average of 33. It passed 22 out of 33 due diligence checks and has strong fundamentals. Clearfield has seen its stock return 192.72% over the past year, overperforming other communication equipment stocks by 202 percentage points.

Clearfield has an average 1 year price target of $73.50, a downside of -38.23% from Clearfield's current stock price of $118.99.

Clearfield stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Clearfield, 0% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 50% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Cisco Systems (NASDAQ:CSCO)

Cisco Systems (NASDAQ:CSCO) is the second best communication equipment stock with a Zen Score of 58, which is 25 points higher than the communication equipment industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Cisco Systems has seen its stock lose -16.9% over the past year, underperforming other communication equipment stocks by -8 percentage points.

Cisco Systems has an average 1 year price target of $53.12, an upside of 13.57% from Cisco Systems's current stock price of $46.77.

Cisco Systems stock has a consensus Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Cisco Systems, 17.65% have issued a Strong Buy rating, 29.41% have issued a Buy, 47.06% have issued a hold, while 0% have issued a Sell rating, and 5.88% have issued a Strong Sell.

3. Ituran Location & Control (NASDAQ:ITRN)

Ituran Location & Control (NASDAQ:ITRN) is the third best communication equipment stock with a Zen Score of 52, which is 19 points higher than the communication equipment industry average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 10.09% over the past year, overperforming other communication equipment stocks by 19 percentage points.

Ituran Location & Control has an average 1 year price target of $25.00, a downside of -7.24% from Ituran Location & Control's current stock price of $26.95.

Ituran Location & Control stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Ituran Location & Control, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the communication equipment stocks with highest dividends?

Out of 15 communication equipment stocks that have issued dividends in the past year, the 3 communication equipment stocks with the highest dividend yields are:

1. Bk Technologies (NYSEMKT:BKTI)

Bk Technologies (NYSEMKT:BKTI) has an annual dividend yield of 4.58%, which is 2 percentage points higher than the communication equipment industry average of 2.32%. Bk Technologies's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Bk Technologies's dividend has not shown consistent growth over the last 10 years.

Bk Technologies's dividend payout ratio of -16.9% indicates that its high dividend yield might not be sustainable for the long-term.

2. Network 1 Technologies (NYSEMKT:NTIP)

Network 1 Technologies (NYSEMKT:NTIP) has an annual dividend yield of 4.42%, which is 2 percentage points higher than the communication equipment industry average of 2.32%. Network 1 Technologies's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Network 1 Technologies's dividend has not shown consistent growth over the last 10 years.

Network 1 Technologies's dividend payout ratio of 76.9% indicates that its high dividend yield is sustainable for the long-term.

3. Tel (NASDAQ:PCTI)

Tel (NASDAQ:PCTI) has an annual dividend yield of 4.39%, which is 2 percentage points higher than the communication equipment industry average of 2.32%. Tel's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Tel's dividend has shown consistent growth over the last 10 years.

Tel's dividend payout ratio of -2,200% indicates that its high dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks down?

Communication equipment stocks were down -0.75% in the last day, and up 4.55% over the last week. Allot was the among the top losers in the communication equipment industry, dropping -12.73% yesterday.

Allot shares are trading lower after the company reported Q2 EPS results were down year over year.

What are the most undervalued communication equipment stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued communication equipment stocks right now are:

1. Optical Cable (NASDAQ:OCC)

Optical Cable (NASDAQ:OCC) is the most undervalued communication equipment stock based on WallStreetZen's Valuation Score. Optical Cable has a valuation score of 86, which is 53 points higher than the communication equipment industry average of 33. It passed 6 out of 7 valuation due diligence checks.

Optical Cable's stock has dropped -5.07% in the past year. It has overperformed other stocks in the communication equipment industry by 4 percentage points.

2. Ericsson Lm Telephone Co (NASDAQ:ERIC)

Ericsson Lm Telephone Co (NASDAQ:ERIC) is the second most undervalued communication equipment stock based on WallStreetZen's Valuation Score. Ericsson Lm Telephone Co has a valuation score of 71, which is 38 points higher than the communication equipment industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Ericsson Lm Telephone Co's stock has dropped -33.51% in the past year. It has underperformed other stocks in the communication equipment industry by -24 percentage points.

3. Aviat Networks (NASDAQ:AVNW)

Aviat Networks (NASDAQ:AVNW) is the third most undervalued communication equipment stock based on WallStreetZen's Valuation Score. Aviat Networks has a valuation score of 71, which is 38 points higher than the communication equipment industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Aviat Networks's stock has dropped -10.19% in the past year. It has underperformed other stocks in the communication equipment industry by -1 percentage points.

Are communication equipment stocks a good buy now?

46.43% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 17.67% over the next year.

What is the average p/e ratio of the communication equipment industry?

The average P/E ratio of the communication equipment industry is 11.72x.

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